"California's $20 Minimum Wage Sparks Wage Competition Across Industries"

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Source: Fox Business
"California's $20 Minimum Wage Sparks Wage Competition Across Industries"
Photo: Fox Business
TL;DR Summary

A labor advocacy group is calling for California's new $20 minimum wage for fast food workers to be extended to all sectors, citing the state's high cost of living. The president of One Fair Wage, Saru Jayaraman, argues that the minimum wage increase is necessary to address home and food insecurity post-pandemic. Despite concerns from restaurant owners about job losses and price increases, Jayaraman believes that past minimum wage increases have not led to these outcomes and that raising wages will stimulate the economy. She also emphasizes the need for a level playing field for small businesses and workers.

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